Company Overview

As an owner of a retirement services firm in the mid-90s, I witnessed the shift in market forces that transferred the control of the retirement industry from regional service providers to bundled national providers – primarily mutual funds and insurance companies. Since that time I have endeavored to restore that balance to the benefit of the Plan Sponsor/Participant through the creation of the CIFmarketplace.  The marketplace provides a platform for regional service providers and local advisors to better control the aggregate and net costs of the Plan investments and to choose fee sharing arrangements that fit the needs of the Plan Sponsor.   The CIFmarketplace fulfills the original promise of mutual funds, as yet seen that bigger was supposed to be better or that all expenses be fully transparent.

Services 

1) Educate Advisors and Plan Sponsors on the benefits of including Collective Investment Funds (CIFs) as investment options in Retirement Plans. The ultimate goal of the CIFmarketplace is to enhance net returns and better position Plan Participants to achieve their retirement goals.

2) Provide Retirement Plans access to the CIFs of select investment managers whose net cost along with relative risk and performance is continually evaluated by an independent third party.

3) Consulting and distribution services for Investment Managers who are considering the development of their own Collective Investment Fund as a low net cost alternative to a mutual fund and/or as a means to better position themselves in the competitive retirement plan market.

Lance M. Roberts - Principal

Mr. Roberts founded the CIFmarketplace with over 35 years of experience in the retirement industry. Most recently, he was a principal in Advisors Capital Resource, which was a pioneer in the development and distribution of collective investment funds in support of managed portfolios for self-directed retirement programs. Previously, he owned and operated one of the largest pension administration firm in New England, where he was the author of influential White Papers, most notably”TPA Survival in the Retirement Industry.” Mr. Roberts attended Dartmouth College and the Kellogg School of Business - Northwestern University for degrees in business and government.

Les Revzon - Chief Consultant

            Mr. Revzon's primary responsibility is working with Investment Managers who are considering establishing a Collective  
            Investment Fund.   He provides expert guidance in evaluating the various options including the selection of a Trust
            provider, drafting of the Trust document, assistance with any workflow changes, and working with providers to execute

            any required platform agreements.

            Les also serves as the principal of The Revzon Consulting Group, a consulting firm, based in Marshfield, MA, that assists

            financial service firms such as banks, trust companies, law firms with trust services. Revzon has more than 40 years

            experience in trust banking and consulting, concentrating in compliance, pension services, recordkeeping, corporate trust

            and personal trust.

            Prior to founding Revzon Consulting, Les was Director of Compliance at The Harcourt Group Ltd. of New England in

            Boston, MA. Before that, he was Vice President & Regional Manager for Fleet National Bank; Vice President & Manager,

            Institutional Client Services & EB Administration for Shawmut Bank; Vice President & Manager- Trust Financial Services

            Group for Chase Manhattan Bank (CT) and Manager of Pension Accounts & Trust Operations for New Britain Bank and

            Trust Co.

                                                         Les holds a Bachelor of Science Degree in Business Management from Post College and has continued his education and 

                                                         training at the American Institute of Banking and the Practicing Law Institute. Further, he has the designation of Certified

                                                         Consumer Compliance Officer from CLI in Washington, D.C.

                                                         Revzon has served as a trustee of the Connecticut Bankers Association; president of the Friends of the Bethany Library;

                                                         chapter treasurer for B'Nai B'Rith and co-chairman of the local games committee of Special Olympics.